GYMGUYZ Franchise
To buy a franchise with GYMGUYZ, you'll need to have at least $50000 in liquid capital and a minimum net worth of $100000. GYMGUYZ charges a franchise fee of $35000. They also offer a discount for veterans.
Franchisor Details
Total Units: 183
Year Founded: 2008
Franchising Since: 2014
Home Office: Plainview, New York
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $50,000
Net Worth Required: $100,000
Total Investment: $72,000 – $200,000
Franchise Fee: $35,000
Royalty Type: 6% Royalty 2% Brand Development Fund
Vetern Discount: Yes
*GYMGUYZ is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Values & History
While attending college in the early 2000s, Josh York supported himself working as a certified personal trainer in a small studio. Fitness was his passion and changing the lives of his clients through exercise was his goal. After graduating from college, York continued to train his clients in the evening and he began to paint a picture of his future. With a vision, limited resources, and his fitness experience, York invested his savings of $15,000 into a new fitness venture.
In 2008, York started GYMGUYZ in the dining room of his parent's home with a laptop, a phone, and a file cabinet which contained one folder with his client's names. He purchased a van, filled it with exercise equipment, and wrapped it with the GYMGUYZ logo. Instead of going to the gym to train his clients he began bringing the workouts to his clients when and where it was convenient for them. From these humble beginnings, GYMGUYZ has become one of the fastest-growing franchises, now operating over 200 locations in 29 states and three countries.
At GYMGUYZ, we believe in building a strong foundation to support a successful endeavor. We do so by abiding by our core values, or D.R.I.V.E. These include:
- Determination
- Respect
- Integrity
- Versatility
- Excellence
- We have fun. A fun environment and rewarding experience are integral to success. Why do something that you don't enjoy? Our personal training franchise is an enjoyable experience for everyone involved.
- We build unity. At GYMGUYZ, we are all united by one common goal: Leading a healthy lifestyle. Our owners, clients, and staff are all committed to a fit future.
- We stay focused on earnings. We always make sure we are financially profitable.
- We deliver strong leaders. With our training and support, we build our franchise owners into game-changers who are always pushing themselves and their staff to be better.
Industry Performance
GYMGUYZ currently has hundreds of territories operating in multiple countries and is destined to be a worldwide brand. Entrepreneur Magazine named GYMGUYZ one of the top 100 Fastest-Growing Franchises in 2016, 2017, 2018, and 2019. GYMGUYZ is a company that is revolutionizing the fitness industry, an industry that has spread out among all age groups and will remain resilient as the demand from health-conscious consumers grows. We launched our company in 2008, and despite hard economic times, we have continued to prosper.
Our in-home Personal Training model is unique in that it allows our clients to go about their busy lives as they need while fitting their workouts in whenever and wherever they want. Providing people with fitness on their schedules makes our business model a unique one and is a reason why we continue to grow every year.
Training & Support
Part of what makes this opportunity so great is the strong support you will constantly receive from our team. We are here to help you every step of the way because our success depends on your success. As a GYMGUYZ franchisee you will receive continuous support, including, but not limited to:
- Initial training (includes 5 days at our corporate headquarters in Plainview, NY, and a two-day visit to your territory)
- Business planning
- Continuous training
- R&D for fitness trends
- Local market development
- Training videos
- Instructional videos
- Monthly webinars
- Bi-weekly phone calls
Ideal Candidate & Qualifications
In order to operate a successful GYMGUYZ franchise, owners must have excellent organizational and people skills This is a project management business. The ability to be a good networker is a key component to our business model. Owners do not need to have a Certification in fitness; however, basic knowledge and passion is a big plus.
Purchasing a GYMGUYZ Franchise
Purchasing a GYMGUYZ franchise is a lucrative investment--an investment that will range depending on a variety of factors. Initial startup costs generally range between $53,850 and $221,409, including the initial franchise fee. Many of our franchisees purchase multiple territories. When purchasing more than one location, there is a discount. Also, we are affiliated with VetFran and we offer a $5,000 discount off the initial franchise fee to veterans interested in a GYMGUYZ franchise.
